S&P 500 Stocks Keep Cutting and Suspending Dividends in April

One. A Nasdaq listed company CEO who happens to be my cousin.

How many do you know - personally? Meaning what they do with their wealth.

 

Real estate, invest in businesses, use various structures to protect assets and avoid taxes. Most don't invest heavily in Wall St. products that can drop 20% in a week or two.

 

Cousin Jeff Bezos?

 

Yeah, it was a joke. I was trying to summarize the average trader's market view.

 

No not even little Jeffy Bezos. Nothing directly online related even.

But he does have around 9 figures. Or at least did when he did IPO in the mid 00's. Though its not something you check up on, even if they are a cuz.

 

So I take that you don't know but suppose they do. What you read in Forbes perhaps?

 

No, that's based on conversations with very wealthy and the money managers, CPAs, attorney, etc. they consult with.

 

Sure.

 

They actually exist. But you won't find them if you spend long hours on trading forums and drawing useless, squiggly lines on charts...

 

Currently no elective surgeries, which up until now have always been their cash-cow.